people · May 18, 2026
Clay Employees Previously Sold Shares at $1.5 Billion Valuation in May 2025
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Clay authorized most employees to sell shares in a tender offer at a $1.5 billion valuation in May 2025 led by Sequoia. The company later enabled another tender at $5 billion valuation. Clay tripled its ARR to $100 million in one year prior to the second liquidity event. Co-founder Kareem Amin cited employee retention as the primary reason for providing liquidity options.
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